Cambridge OCR GCSE (9-1) · Business - J204

Business growth: Practice Questions

5 multiple-choice questions marked as you go, and 1 written questions with worked solutions. All on Business growth.

6 questions9 marksFree, no account

Question 1

1 mark

Which of the following is a common method of organic growth for a business?

Question 2

1 mark

A clothing retailer decides to buy a textile mill that produces the fabrics it uses. This is an example of which type of external growth?

Question 3

1 mark

A large furniture manufacturer buys a company that owns several forests to secure its supply of timber. This external growth strategy is known as:

Question 4

1 mark

When a company expands by merging with or taking over another business in the same industry and at the same stage of production, this is known as:

Question 5

1 mark

A bakery chain decides to expand by opening three new branches in nearby towns using its own retained profit. This is an example of which type of growth?

Question 6

4 marks

Distinguish between horizontal integration and vertical integration as methods of external business growth.

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